National Business

BEIJING — The former chairman of the main Chinese state bank behind Beijing's initiative to build railways and ports across dozens of Asian countries has been sentenced to life in prison on corruption charges, a court announced.

TAIPEI, Taiwan — In a potential blow to the #MeToo movement in China, a court ruled that two former journalists defamed a third journalist by publishing an account accusing him of sexual misconduct.

Boeing will pay $2.5 billion to settle a Justice Department investigation and admit that employees misled regulators about the safety of its 737 Max aircraft, which suffered two deadly crashes shortly after entering airline service.

NEW YORK — A planned book by Sen. Josh Hawley, who objected to President-elect Joe Biden’s win and backed baseless claims that the election was stolen, has been cancelled by its publisher in the wake of the insurrection at the U.S.

EDMONTON — Alberta Premier Jason Kenney apologized Thursday for legislature members and political staff who travelled abroad over the holidays, saying his government broke the public trust and must rebuild it.

Canada's competition watchdog said it will not take further action on conspiracy allegations surrounding a deal between Postmedia and Torstar. The Competition Bureau announced Thursday that it has closed its investigation into Postmedia Inc.

TORONTO — Cineplex is calling time on TimePlay. The country's largest theatre chain says after nearly a decade it has parted ways with the technology company that operates the movie trivia app. The changes took effect at the end of 2020.

After years of treating President Donald Trump's inflammatory rhetoric with a light touch, Facebook and Instagram are silencing his social media accounts for the rest of his presidency.

TORONTO — Outgoing U.S. President Donald Trump's stores were taken off-line by Shopify Inc. on Thursday, as the country grappled with the role he played in inciting violence that erupted at the Capitol building the day before.

TORONTO — Stock markets across North America, including Canada's main index, surged to record highs Thursday on anticipation that a Democratic electoral sweep in the U.S. will result in greater stimulus spending.